Stax

MAY 6, 2025

To give you some clarity, here’s a practical guide that answers the most common questions small business owners have about credit card processing. In fact, ResearchAndMarkets.com forecasts the global credit card payment market to grow to $762.16 billion by 2027exhibiting a 7.8% Learn More What is Credit Card Payment Processing?

Credit Cards 88

Credit Cards Online and Mobile Banking Payment APIs and Integration Credit Card Payment Processing 88

PYMNTS

APRIL 16, 2020

With the coronavirus forcing small- to medium-sized business (SMB) owners to digitize, adjust business models, close their doors or furlough staff, entrepreneurs are quickly recognizing that the old ways of operating no longer cut it in today’s volatile, remote world.

Payroll 70

Payroll Adjustments Underwriting On-Demand 70

PYMNTS

MAY 2, 2019

In the latest quarter, adjusted earnings of a dime per share was up two pennies from last year, and revenues of $110.2 Management said on the call that underwriting standards would tighten, which, as CEO Noah Breslow said in remarks on the conference call with analysts, reflects the current stage of the lending cycle.

Origination 56

Origination Small Business Underwriting Adjustments 56

PYMNTS

JUNE 7, 2018

Most business still looked to banks, despite the fact that in the wake of the financial crisis and subsequent credit crunch, lending from banks more or less ground to a halt where SMBs were concerned. But as SMBs nationwide continued to need access to credit, a half-decade ago was a great time to start a small business lending firm.

Small Business 49

Small Business Underwriting Product Risk 49

PYMNTS

APRIL 24, 2020

I think this is going to impact us for quite a while and [the PPP funds] buy us time to adjust some of our expenses if we need to. Broadly speaking, the fullness of all of those loans/grants should all be reimbursed to the financial institutions (FIs) that started the underwriting process.

Community Banks 70

Community Banks FinTech Underwriting Small Business 70

PYMNTS

MARCH 28, 2019

In an interview with PYMNTS, Sebastian Rymarz, CBO at Fundbox , said credit decisions can be rendered in minutes, with revolving lines of business credit accessible for up to $100,000. In addition, funding can be available as soon as the next business day. Per Fundbox, the value of unpaid small business invoices stands at $825 billion.

B2B 52

B2B Underwriting Small Business Finance 52

PYMNTS

SEPTEMBER 28, 2020

One such example is Ithaca, New York-based Alternatives Federal Credit Union , which teamed up with local government entities and other agencies in its county to pool forgivable loans of up to $4,000 apiece for Ithaca’s small businesses. Thinking Outside The Lending Box. Innovating Credit Products.

Credit Union 60

Credit Union NCUA Small Business Innovation 60

PYMNTS

MARCH 14, 2017

Fear is holding back small businesses from trading internationally, according to a report from HSBC late last year. Specifically, a lack of international business knowledge and experience has small suppliers reluctant to step onto the global stage. Data is critical to linking small businesses with new funding.

Risk 54

Risk Payment APIs and Integration AFP Small Business 54

PYMNTS

FEBRUARY 12, 2019

For Q1, OnDeck forecast an adjusted net income of $5 million to $9 million, on the high side of analysts’ forecasts of $8.5 The last year has been an active one for OnDeck, a lending platform that underwrites small businesses online and then resells the loans to institutional investors. small businesses this year.

Small Business 40

Small Business Origination Underwriting Adjustments 40

PYMNTS

JULY 25, 2018

small business lender, to White Oak Global Advisors, noted Financial Times. There is also worry over looser underwriting, which has seen lenders stretch out terms for borrowers while pushing up loan-to-value ratios and debt-to-income ratios — an echo of the subprime mortgage crisis. It recently sold LDF , a U.K. trillion U.S.

FDIC 43

FDIC Underwriting Advisors Adjustments 43

Wharton Fintech

MAY 2, 2024

I talked about eBay and Etsy, but theres also SaaS businesses for which embedded payments became incredibly important as a revenue source. Today, theres research showing that just about a third of small business owners will rely on a platform for services, banking services, but that will grow to three quarters over the next five to ten years.

Global Payments 130

Global Payments Payments Small Business Use Case 130

Nanonets

JANUARY 8, 2024

They have to be adjusted as shown in the next steps. Step 3: Adjust bank balance The discrepancy in the two balances has to be identified and checked on an individual transaction basis. Bank statements must be adjusted by adding pending deposits (deposit-in-transit) and deducting pending outgoing checks (outstanding checks).

Reconciliation 52

Reconciliation Process Adjustments Checks 52

Nanonets

JANUARY 8, 2024

They have to be adjusted as shown in the next steps. Step 3: Adjust bank balance The discrepancy in the two balances has to be identified and checked on an individual transaction basis. Bank statements must be adjusted by adding pending deposits (deposit-in-transit) and deducting pending outgoing checks (outstanding checks).

Reconciliation 52

Reconciliation Accounts Adjustments Checks 52

PYMNTS

NOVEMBER 4, 2019

Use-cases for real-time payment capabilities continue to grow for consumers, small businesses and corporates, while the open banking business model is proliferating beyond the ability for FinTechs to loop into their customers’ bank account data, and into new opportunities like enhanced small business loan underwriting and automated accounting.

Real Time Payments 44

Real Time Payments RTP Payment APIs and Integration Faster Payments 44

PYMNTS

AUGUST 16, 2019

In an interview with Karen Webster, Qwil CEO Johnny Reinsch shone a spotlight on the ways that quickened payments can benefit small businesses, gig workers and their client firms alike. Qwil makes it possible for businesses to pay their contingent workforces instantly, through what is known as Liquidity as a Service.

Payment APIs and Integration 56

Payment APIs and Integration Underwriting Economy Small Business 56

PYMNTS

JUNE 6, 2018

Most business still looked to banks – despite the fact that in the wake of the Financial Crisis and subsequent credit crunch lending from banks more or less ground to a halt where SMBs were concerned. A few years ago we saw a lot of small firms experimenting in this space – and there was a ton of money poured into the segment.”.

Small Business 40

Small Business Underwriting Risk Product 40

PYMNTS

JULY 7, 2020

Businesses that are unable to receive funds from these programs are thus looking to external sources, including alternative and traditional lenders. Receiving funding quickly is critical for SMBs, with PYMNTS research showing that the COVID-19 pandemic has negatively affected 90 percent of small businesses in some way.

Checks 55

Checks ACH SWIFT Direct Deposit 55

PYMNTS

MAY 15, 2017

By the numbers, First Data reported adjusted earnings per share of $0.28 The CEO called out “better salesforce and merchant retention” tied to its North American Global Business Solutions segment, which saw revenues of $971 million, a 3 percent increase on an adjusted basis. Welcome to the U.S., Chinese consumers.

Tax Refunds 40

Tax Refunds Online and Mobile Banking Adjustments Origination 40

PYMNTS

SEPTEMBER 18, 2018

That’s adjusted for inflation. We all know that lax underwriting standards came home to roost in this sector. First things first. Some things have barely budged. The median household income in the U.S. is up about 5 percent, as noted by the Census Bureau and cited by The Wall Street Journal. Mortgages ?

Innovation 59

Innovation Federal Reserve Credit Cards Economy 59

EBizCharge

MAY 8, 2024

Instead of individually setting up a merchant account with banks or other financial institutions, which can be a lengthy and complex process, businesses can quickly onboard through PayFac. Here’s how it works: Sign-up: Businesses can easily sign up with a PayFac provider who becomes the master merchant.

Facilitators 52

Facilitators ISOs Processors Payments 52

Fintech Labs Insights

MAY 24, 2016

Small business funding platform Kabbage was founded in 2009 with a mission to use big data to help underwrite small business loans. The 75,000 small business customers on Kabbage’s platform hail from all 50 U.S.

Origination 15

Origination Underwriting Small Business Adjustments 15

CB Insights

DECEMBER 4, 2019

Amazon could also look to integrate this tech into its Whole Foods stores or rumored independent grocery business in the future. Prime Day: Amazon’s plan to adjust payment habits. Today, Amazon has expanded its business lending to the US and UK. In consumer, Amazon offers lending in the US in the form of partner cards.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Lending Front

JULY 14, 2021

Yellen made an announcement that was eagerly welcomed by an often neglected sector of small businesses across the country: The U.S. The fight for small business survival is tougher than ever before, especially for minority- and female-owned businesses.

Small Business 52

Small Business Underserved Automation Federal Reserve 52

Lending Front

JUNE 29, 2021

Yellen made an announcement that was eagerly welcomed by an often neglected sector of small businesses across the country: The U.S. The support program comes at a pivotal moment both for CDFIs and the small businesses in the communities they serve. The state of minority-owned small businesses.

Small Business 52

Small Business Underserved Automation Economy 52

CB Insights

JUNE 17, 2020

The small business sector has also seen an increase in adoption of contactless options. While 40% of small businesses remained nonoperational due to the pandemic, 27% of those that continued to accept on-premise payments reported an increase in contactless payments made through smartphones and contactless cards.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

PYMNTS

MARCH 27, 2020

I really have to give kudos to the federal government for recognizing the need certainly for small business, for citizens and for larger enterprise firms. The reality is once these companies can come back to work and can start their businesses back up from where they left off, they will start paying rent again.”.

Checks 56

Checks Payments Governance Government 56

FICO

MAY 6, 2020

While small businesses are scrambling to obtain emergency funding, the COVID-19 crisis has exposed some of the shortcomings of the big bank system. This is the story and timeline of a small banker’s experience with PPP loans. Small businesses are losing money fast and worried about being able to pay their employees.

Small Business 52

Small Business Community Banks Federal Reserve Automation 52